Three years after the adoption of the Addis Ababa Action Agenda and the 2030 Agenda for Sustainable Development, there is a consensus that public and private finance will both be needed, at scale, to meet the SDGs - hence blended finance is receiving increasing attention for its potential to crowd in private or commercial capital for SDG-related investments that would otherwise be overlooked.
The ‘Blended Finance in the Least Developed Countries’ report was prepared by UNCDF in collaboration with the Organization for Economic Co-operation and Development, Southern Voice on Post-MDG International Development Goals, Convergence and the United Nations Foundation. The report explores how to implement and adapt blended finance approaches to LDCs to maximize their effectiveness in crowding in private capital while minimizing risks, through a rich evidence base, data analysis, and detailed case studies. The report also proposes an Action Agenda to guide decision-makers in their blended finance approaches.